Biocon ranked 6th in top twenty biopharma employers list

On October 25, 2013, Biocon Ltd, announced that it has been ranked at 6th position by Science Magazine, on the annual global ‘top twenty employers’ list in the biopharma sector. This is a major leap for the company from its 19th place in 2012.

Speaking on the occasion at Biocon's press meet, Ms Kiran Mazumdar-Shaw, Chairman & Managing Director, Biocon, said, "This rating has been done on various attributes based on research quality, clear vision and social responsibility. We are the only Indian and Asian company to make it to this list. Globally, that's a big recognition for what Biocon stands for today."

Dr Kiran also declared Biocon's earnings for the first half of the fiscal year during the event. She added, "Our biopharmaceuticals sector has grown significantly through our immuno-suppressants and Insulin products. It is gaining a lot of momentum in the emerging markets. Our research services has been a stellar performer in revenues, which has grown 46% in the quarter and 36% at the half year level."

Talking about ALZUMAb's launch in August 2013, Ms Shaw said, "ALZUMAb is not just a first-in-class drug, but also a potential best-in-class. We are very encouraged by its early acceptance in the Indian market. Only time will unravel how powerful the drug is."

Dr Kiran also added that diseases like multiple sclerosis will provide Biocon with a big opportunity for research, along with Vitiligo, for which it will conduct clinical trials in India.